Cheap Apartments for Rent in Monticello, KY from $600 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monticello.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Governors Place
2 to 3 Bedroom Apartments

Governors Place

115 Governors Place LnLivingston, TN 38570
  • Utilities Included
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Alluvian Terrace
3 to 4 Bedroom Apartments

Alluvian Terrace

255 Quinland Lake RdCookeville, TN 38506
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Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
  • Utilities Included
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508 E Broad St
1 Bedroom Apartments

508 E Broad St

508 E Broad StCookeville, TN 38501

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Century Lofts
1 Bedroom Apartments

Century Lofts

113 N Main StCorbin, KY 40701
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Monticello, KY Local Guide

Cheapest Available Monticello Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monticello, KY is a 1 Bed unit found at University Towers priced from $800. Fry Estates Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $849. Here is today’s list of the most affordable Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University TowersStudios1BR,1BA$800
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$849
Eagle VillageStudioStudio,1BA$895
Cypress Creek2 Bedroom 2 Bathroom2BR,2BA$912
ELEVEN502 Beds, 1.5 baths2BR,1BA$1,025
Woodbury Crossing3 C Floor Plan3BR,2BA$1,259
The Gables at Veterans2 Bedroom Classic2BR,2BA$1,400
Saxony Apartment Homes2 Bedroom 2.5 Bath2BR,2BA$1,500
Copper Springs by Meadows PropertiesSpringfield II3BR,2BA$1,650
Views at Elm Grove3 Bedroom3BR,2BA$1,699

Best Value Apartments for Rent in Monticello, KY and Nearby

As of July 30, 2025 the best value apartment in the Monticello area is the $0.92 price per square foot Springfield II Model at Copper Springs by Meadows Properties in the starting from $1,650. The second greatest value Monticello apartment is the Snowmass Premium Model at Snowmass starting at $2,095 with a $1.44 price per square foot in the North Knoxville neighborhood. Here is today’s list of the best values for Monticello apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Copper Springs by Meadows PropertiesSpringfield II3BR,2.5BA$0.92
SnowmassSnowmass Premium3BR,2.5BA$1.44
Woodbury Crossing3 C Floor Plan3BR,2BA$1.00
Views at Elm Grove3 Bedroom3BR,2BA$1.36
Saxony Apartment Homes2 Bedroom 2.5 Bath2BR,2.5BA$1.25
The Gables at Veterans2 Bedroom Overlook2BR,2BA$1.45
Cottages on TazewellTudor2BR,2BA$1.55
ELEVEN503 Beds, 2 baths3BR,2BA$1.18
Cypress Creek3 Bedroom 2 Bathroom3BR,2BA$1.00
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.88

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monticello, KY Rentals by Map

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Getting Around Monticello, KY

Walk Score®

22 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Monticello Apartments

What is the lowest price for a Cheap Two Bedroom Monticello Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monticello is starting from $849 at Fry Estates Apartments.

What is the most affordable Monticello Three Bedroom Apartment?

The best deal on a cheap Monticello Three Bedroom Apartment rental is at Cypress Creek and starts from $1,051.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.